Saint Laurent Gets a New CEO

©Hedi Slimane

Francesca Bellettini has been named the new CEO of Yves Saint Laurent. She will take over the top spot at the fashion house on September 1, replacing Paul Deneve, who has taken a position in the high tech industry.

Bellettini is currently an executive director at Bottega Veneta. Both Bottega Veneta and Yves Saint Laurent are owned by Kering, formerly known as PPR, which announced the appointment Tuesday. The French holding company specializes in owning brands in the luxury, sports and lifestyle segments of the apparel and accessories market. Yves Saint Laurent designs apparel and accessories that range from read-to-wear clothing to jewelry. While the brand is best-known to the public as Yves Saint Laurent, Kering had officially changed the brand name in 2012 to Saint Laurent.

“Her experience within the group and in the industry, her expertise and her determination persuaded me of her ability to implement Saint Laurent day-to-day strategy,” said François-Henri Pinault, chairman and CEO of Kering.

Bellettini, an Italian national, joined Bottega Veneta in November 2008 as worldwide merchandising director. She was promoted to worldwide merchandising-communications director in November 2010 and has been responsible for implementing strategic direction for the company, while overseeing all aspects of merchandising, visual display and communication.

She previously was the strategic planning director and associate worldwide merchandising director of Gucci. Prior to Gucci, she was operations manager of Helmut Lang, having previously worked at the Prada Group in 2002 as part of the planning & new business development division. After graduating from Bocconi University in Milan, Bellettini started her career in London as an investment banker, working at Goldman Sachs International, Deutsche Morgan Grenfell, and Compass Partners International.

In addition to the appointment of Bellettini, Yves Saint Laurent creative director, Hedi Slimane, will have added responsibilities that include supervising all strategic projects in a plan to transform and reposition the brand.

“Hedi Slimane has a clear creative vision for Saint Laurent,” Pinault said. “He has successfully rejuvenated and repositioned the brand in line with Yves Saint Laurent’s original message in 1966. This reform project was essential to ensure that Saint Laurent is in step with the times, and to secure its success. Today, the brand is one of the world’s most prominent fashion houses and my ambition is that Saint Laurent is able to realize its considerable long term potential for growth.”

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10 New Jewelry Designs from the Centurion Show

8k gold ring with diamond pave is centered with a large emerald cabochon.

It appears that luxury jewelry designers are through experimenting with less expensive materials (due to the economic collapse and high cost of materials) and have returned to producing creations with high-karat gold and platinum as well as big bold gemstones and lots of diamond pavé, if the Centurion Jewelry Show is any indication of what’s to come this year. And I believe it is.

The first major U.S. tradeshow of the year was held Feb. 3 - 5 in Scottsdale, Ariz. The invitation-only event caters to the luxury end of the market. One of the things it provides is the first chance for those in the U.S. to view new designs for the year. I presented an early appetizer of the pieces on display with the Centurion Design Award winners. Now here are 10 more jewelry designers that caught my attention during the show. Enjoy.

Erica Courtney is one of the few designers who can be on trend while maintaining exceptionally high standards, presented an entire collection based on green, including this 18k gold ring is centered with a large emerald cabochon (top photo). The intricate, sculptural-like details of gold are further enhanced with 18k diamond pave.

The Tilley engagement ring by Jeff Cooper Designs features a single row of pave diamonds that tapers toward the center, giving extra emphasis to the center stone. It is available in platinum or 18k gold.

Damiani has come out with a ceramic jewelry line called D.Icon, which includes this ring made of white ceramic with pink gold and diamonds (0.21 cts.).

The Mimi So Phoenix Stackable Band has18k rose gold and leaf work covered in diamonds. It is stackable with other rings in the collection.

Fope Gioielli introduced a flexible cross-over bracelet with elastic wrapping features to the Flex'it Solo line. It is made of 18-carat gold, with or without diamonds.

18k white gold heart shaped hoops with detachable London Blue Topaz drops by Lisa Nik.

Syna Jewels, a new exhibitor, presented a series of highly polished chalcedony drops set with 18k yellow gold from the Mogul collection.

All of the operations of the Frédérique Constant Classics Manufacture Worldtimer is done through the crown, which simplifies setting the time and date, and calibrating the worldtimer. The watch is powered by the FC-718 caliber movement, built in house. The dial is available in a guilloché design or with a silver world map in its center. The watch is also available in steel for $3,450 and rose-gold for $4,150.

The Links of London 8-carat rose gold necklace with a rose gold and black pearl pendant from the Effervescence collection.

18k white gold diamond band in a leaf pattern with yellow gold accents sprinkled with diamonds by Beverley K.

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The $15 Million Diamond Cocktail Dress

A diamond wholesaler recently unveiled a $15 million custom-designed cocktail dress comprised of 100 3-carat round diamonds.

A total of 85 diamonds were located on the bodice of the “little black dress,” four diamonds on each sleeve and seven adorning the back.

The diamonds were provided by Tov International, a third-generation family owned and operated New York diamond wholesale business that specializes in 3-carat round brilliant diamonds. The dress was designed by Chloe & Reese, a New York based dress designer that specializes in custom cocktail dresses.

The dress was unveiled on April 25 during a fashion show at the American Gem Society 2012 Conclave, the annual tradeshow of AGS, a trade organization that specializes in the development and maintenance of superior gemological skills and knowledge.